East-West Digital News 30 October 2012
Onetwotrip.com, a Russian air ticket booking site launched less than 18 months ago, announced last week that it has received a $16 million capital injection from international venture fund Atomico. The funding comes as a complement to the $9 million invested last month by Phenomen Ventures, a fund established earlier this year by Russian tech investment veteran and Onetwotrip chairman Dmitry Falkovich.
The startup declined to disclose the details of the deal, but its PR Director Anastasia Taratina told East-West Digital News that the valuation was “much higher” than the $70 million estimate of Russian business daily Kommersant.
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